Fnnk: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Fnnk
Largest movements
- Cash +€36,197
up €36,197 (+130.8%), from €27,677 to €63,874
mainly Net result for the year (+€80,041) and Other debts (+€73,610)
- Financial fixed assets -€33,250
no longer reported in 2025 (was €33,250)
- Intangible fixed assets +€23,542
new in 2025: €23,542
- Tangible fixed assets +€16,514
up €16,514 (+37.4%), from €44,183 to €60,697
of which Other tangible fixed assets: +€17,735
- Receivables within one year +€14,307
up €14,307 (+97.9%), from €14,616 to €28,924
of which Other amounts receivable: +€13,821
- Other debts +€73,610
up €73,610 (+588.1%), from €12,516 to €86,126
- Debts after one year -€9,716
down €9,716 (-27.3%), from €35,637 to €25,921
- Tax, wage and social debts -€6,067
down €6,067 (-91.7%), from €6,617 to €550
- Gross operating margin +€24,961
up €24,961 (+34.8%), from €71,753 to €96,714
- Taxes -€14,250
down €14,250 (-82.2%), from €17,328 to €3,078
- Financial income -€10,576
down €10,576 (-98.3%), from €10,761 to €184
- Depreciation +€3,331
up €3,331 (+57.2%), from €5,823 to €9,154
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,362 | €177,349 | +€56,987 | +47.3% |
| Fixed assets | 21/28 | €77,433 | €84,239 | +€6,806 | +8.8% |
| Intangible fixed assets | 21 | - | €23,542 | +€23,542 | |
| Tangible fixed assets | 22/27 | €44,183 | €60,697 | +€16,514 | +37.4% |
| Plant, machinery and equipment | 23 | €759 | €486 | -€273 | -36.0% |
| Furniture and vehicles | 24 | €4,975 | €4,028 | -€947 | -19.0% |
| Other tangible fixed assets | 26 | €38,448 | €56,183 | +€17,735 | +46.1% |
| Financial fixed assets | 28 | €33,250 | - | -€33,250 | |
| Current assets | 29/58 | €42,929 | €93,110 | +€50,181 | +116.9% |
| Amounts receivable within one year | 40/41 | €14,616 | €28,924 | +€14,307 | +97.9% |
| Trade receivables | 40 | €14,505 | €14,992 | +€486 | +3.4% |
| Other amounts receivable | 41 | €111 | €13,932 | +€13,821 | +12438.0% |
| Cash at bank and in hand | 54/58 | €27,677 | €63,874 | +€36,197 | +130.8% |
| Deferred charges and accrued income | 490/1 | €636 | €312 | -€324 | -50.9% |
| Total equity and liabilities | 10/49 | €120,362 | €177,349 | +€56,987 | +47.3% |
| Equity | 10/15 | €45,902 | €45,902 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €43,902 | €43,902 | = | 0.0% |
| Distributable reserves | 133 | €43,902 | €43,902 | = | 0.0% |
| Amounts payable | 17/49 | €74,460 | €131,447 | +€56,987 | +76.5% |
| Amounts payable after more than one year | 17 | €35,637 | €25,921 | -€9,716 | -27.3% |
| Financial debts | 170/4 | €35,637 | €25,921 | -€9,716 | -27.3% |
| Amounts payable within one year | 42/48 | €38,823 | €105,525 | +€66,702 | +171.8% |
| Current portion of amounts payable after more than one year | 42 | €14,187 | €13,749 | -€438 | -3.1% |
| Trade debts | 44 | €5,504 | €5,100 | -€404 | -7.3% |
| Suppliers | 440/4 | €5,504 | €5,100 | -€404 | -7.3% |
| Taxes, remuneration and social security | 45 | €6,617 | €550 | -€6,067 | -91.7% |
| Taxes | 450/3 | €6,617 | €550 | -€6,067 | -91.7% |
| Other amounts payable | 47/48 | €12,516 | €86,126 | +€73,610 | +588.1% |
| Non-recurring operating income | 76A | - | €71,750 | +€71,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,823 | €9,154 | +€3,331 | +57.2% |
| Other operating charges | 640/8 | €1,952 | €1,417 | -€535 | -27.4% |
| Non-recurring operating charges | 66A | - | €1,839 | +€1,839 | |
| Gross operating margin | 9900 | €71,753 | €96,714 | +€24,961 | +34.8% |
| Operating profit (loss) | 9901 | €63,978 | €84,303 | +€20,325 | +31.8% |
| Financial income | 75/76B | €10,761 | €184 | -€10,576 | -98.3% |
| Recurring financial income | 75 | €10,761 | €184 | -€10,576 | -98.3% |
| Financial charges | 65/66B | €1,734 | €1,368 | -€366 | -21.1% |
| Recurring financial charges | 65 | €1,734 | €1,368 | -€366 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €73,004 | €83,119 | +€10,115 | +13.9% |
| Income taxes | 67/77 | €17,328 | €3,078 | -€14,250 | -82.2% |
| Profit (loss) for the period | 9904 | €55,677 | €80,041 | +€24,364 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,677 | €80,041 | +€24,364 | +43.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.